Bilal Bin Saqib, Special Assistant to the Prime Minister of Pakistan on Blockchain and Cryptocurrency, met Robert ‘Bo’ Hines, cryptocurrency advisor to U.S. President Donald Trump. The meeting took place during the Bitcoin 2025 conference in Las Vegas.
During the discussion, Saqib shared Pakistan’s push to advance Bitcoin and expand digital assets. He outlined Pakistan’s commitment to building AI hubs and Bitcoin mining infrastructure.
He also stated that Pakistan wants to become the first Asian country with a government-backed Strategic Bitcoin Reserve. He credited U.S. cryptocurrency policies as the main inspiration behind this step.
Later, during his keynote at the Bitcoin 2025 conference, Saqib officially announced the Strategic Bitcoin Reserve. He said the reserve would support Pakistan’s economy as a long-term national asset.
Importantly, he made it clear that it isn’t meant for speculation or fast profits.
“The Bitcoin reserves, to be held in a national Bitcoin wallet, are meant as a long-term sovereign asset not for speculation or sale,” said Saqib.
“Pakistan’s government will never use these reserves to profit on Bitcoin’s price swings, thereby guaranteeing their stability as a national asset,” he added. These remarks underscore Pakistan’s strategy for financial stability.
In addition, Saqib mentioned that Pakistan is developing a regulatory system aligned with Financial Action Task Force (FATF) standards. With this move, he believes Pakistan can become a global leader in blockchain and digital finance.
Furthermore, Saqib thanked U.S. President Donald Trump for helping reduce tensions between India and Pakistan. He also praised Trump’s support in promoting global cryptocurrency adoption. According to Saqib, U.S. leadership played a key role in shaping Pakistan’s digital policy.
His speech clearly reflected Pakistan’s direction in digital assets and its global partnerships.
Previously, Saqib—who also serves as CEO of the Pakistan Crypto Council (PCC)—had suggested the Bitcoin reserve plan. Now officially launched, the reserve stands as Pakistan’s first state-led cryptocurrency asset programme.
This shows a shift in economic direction toward blockchain adoption.
Additionally, the government has allocated 2000 megawatts of electricity for Bitcoin mining operations. This move aims to establish a solid crypto mining ecosystem in the country. Overall, it aligns with Pakistan’s broader plan for tech-driven infrastructure growth.
Stay tuned to Brandsynario for the latest news and updates.